Any new technology is always a high risk of flopping. This could...

Any new technology is always a high risk of flopping. This could go to zero and yet your original research and decision-making to invest might still stand as perfectly sound.

Unless there is evidence that Weebit has actually been some sort of con or a scam, it would be a gross logical fallacy to steer away from Israeli techs if Weebit flops. Trying to retrospectively understand why an investment did not turn out as you expected carries a big risk of making misclassification errors that can be damaging to your future investment decisions.

While I have publicly said on these forums that Weebit could turn out to be a scam, I see no evidence at this stage to indicate that it is (and, as many others have pointed out, there are lots of reasons to doubt it could be). "The share price went way down, therefore this was a bad investment" is just really bad logic.

Personally down 53%. Been here before on other stocks. Some have recovered, some haven't. There was no way to tell which way they would go when they were down that far. I'm still pretty confident this'll recover to well over my entry price, even if it isn't the major success I hope. That would equate to ~$50 million for a proven technology with multiple promising applications - peanuts, really.